Latvia Polystyrene Foam Market (2025-2031) | Value, Industry, Forecast, Trends, Growth, Size, Analysis, Outlook, Segmentation, Share, Companies & Revenue

Name: Latvia Polystyrene Foam Market (2025-2031) | Share & Value
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Polystyrene Foam Market, Latvia Polystyrene Foam Market, Latvia Polystyrene Foam Market Revenues, Latvia Polystyrene Foam Market Share, Latvia Polystyrene Foam Market Size, Latvia Polystyrene Foam Market Outlook, Latvia Polystyrene Foam Market Report, Latvia Polystyrene Foam Market Competition, Latvia Polystyrene Foam Market Overview, Latvia Polystyrene Foam Market Trends, Latvia Polystyrene Foam Market Forecast

Market Forecast By Product (Expanded Polystyrene Foam, Extruded Polystyrene Foam), By End Use Industry (Packaging, Building & Construction, Others) And Competitive Landscape

Product Code: ETC5308749	Publication Date: Nov 2023	Updated Date: Nov 2025	Product Type: Market Research Report
Publisher: 6Wresearch	Author: Ravi Bhandari	No. of Pages: 60	No. of Figures: 30	No. of Tables: 5

Latvia Polystyrene Foam Market Top 5 Importing Countries and Market Competition (HHI) Analysis

In 2024, Latvia continued to see steady growth in polystyrene foam import shipments, with top exporting countries including Estonia, Norway, Lithuania, Belgium, and Germany. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained at a moderate level. The compound annual growth rate (CAGR) from 2020 to 2024 stood at a healthy 5.41%, indicating sustained market expansion. Moreover, the impressive growth rate of 19.37% from 2023 to 2024 highlights the increasing demand for polystyrene foam in Latvia, signaling opportunities for suppliers and stakeholders in the industry.

Latvia Polystyrene Foam Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

Latvia Polystyrene Foam Market Outlook
Market Size of Latvia Polystyrene Foam Market, 2024
Forecast of Latvia Polystyrene Foam Market, 2031
Historical Data and Forecast of Latvia Polystyrene Foam Revenues & Volume for the Period 2021-2031
Latvia Polystyrene Foam Market Trend Evolution
Latvia Polystyrene Foam Market Drivers and Challenges
Latvia Polystyrene Foam Price Trends
Latvia Polystyrene Foam Porter`s Five Forces
Latvia Polystyrene Foam Industry Life Cycle
Historical Data and Forecast of Latvia Polystyrene Foam Market Revenues & Volume By Product for the Period 2021-2031
Historical Data and Forecast of Latvia Polystyrene Foam Market Revenues & Volume By Expanded Polystyrene Foam for the Period 2021-2031
Historical Data and Forecast of Latvia Polystyrene Foam Market Revenues & Volume By Extruded Polystyrene Foam for the Period 2021-2031
Historical Data and Forecast of Latvia Polystyrene Foam Market Revenues & Volume By End Use Industry for the Period 2021-2031
Historical Data and Forecast of Latvia Polystyrene Foam Market Revenues & Volume By Packaging for the Period 2021-2031
Historical Data and Forecast of Latvia Polystyrene Foam Market Revenues & Volume By Building & Construction for the Period 2021-2031
Historical Data and Forecast of Latvia Polystyrene Foam Market Revenues & Volume By Others for the Period 2021-2031
Latvia Polystyrene Foam Import Export Trade Statistics
Market Opportunity Assessment By Product
Market Opportunity Assessment By End Use Industry
Latvia Polystyrene Foam Top Companies Market Share
Latvia Polystyrene Foam Competitive Benchmarking By Technical and Operational Parameters
Latvia Polystyrene Foam Company Profiles
Latvia Polystyrene Foam Key Strategic Recommendations

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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 Latvia Polystyrene Foam Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Polystyrene Foam Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Polystyrene Foam Market - Industry Life Cycle

3.4 Latvia Polystyrene Foam Market - Porter's Five Forces

3.5 Latvia Polystyrene Foam Market Revenues & Volume Share, By Product, 2021 & 2031F

3.6 Latvia Polystyrene Foam Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F

4 Latvia Polystyrene Foam Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Growing demand for insulation materials in construction industry

4.2.2 Increasing awareness about the benefits of polystyrene foam in packaging applications

4.2.3 Rise in disposable income leading to higher consumer spending on durable goods

4.3 Market Restraints

4.3.1 Environmental concerns regarding the disposal and recycling of polystyrene foam

4.3.2 Fluctuating prices of raw materials impacting production costs

4.3.3 Regulatory restrictions on the use of polystyrene foam in certain applications

5 Latvia Polystyrene Foam Market Trends

6 Latvia Polystyrene Foam Market Segmentations

6.1 Latvia Polystyrene Foam Market, By Product

6.1.1 Overview and Analysis

6.1.2 Latvia Polystyrene Foam Market Revenues & Volume, By Expanded Polystyrene Foam, 2021-2031F

6.1.3 Latvia Polystyrene Foam Market Revenues & Volume, By Extruded Polystyrene Foam, 2021-2031F

6.2 Latvia Polystyrene Foam Market, By End Use Industry

6.2.1 Overview and Analysis

6.2.2 Latvia Polystyrene Foam Market Revenues & Volume, By Packaging, 2021-2031F

6.2.3 Latvia Polystyrene Foam Market Revenues & Volume, By Building & Construction, 2021-2031F

6.2.4 Latvia Polystyrene Foam Market Revenues & Volume, By Others, 2021-2031F

7 Latvia Polystyrene Foam Market Import-Export Trade Statistics

7.1 Latvia Polystyrene Foam Market Export to Major Countries

7.2 Latvia Polystyrene Foam Market Imports from Major Countries

8 Latvia Polystyrene Foam Market Key Performance Indicators

8.1 Energy efficiency ratings of buildings using polystyrene foam insulation

8.2 Number of new packaging solutions using polystyrene foam introduced to the market

8.3 Percentage of recycled polystyrene foam used in manufacturing processes

9 Latvia Polystyrene Foam Market - Opportunity Assessment

9.1 Latvia Polystyrene Foam Market Opportunity Assessment, By Product, 2021 & 2031F

9.2 Latvia Polystyrene Foam Market Opportunity Assessment, By End Use Industry, 2021 & 2031F

10 Latvia Polystyrene Foam Market - Competitive Landscape

10.1 Latvia Polystyrene Foam Market Revenue Share, By Companies, 2024

10.2 Latvia Polystyrene Foam Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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Export potential assessment - trade Analytics for 2030

Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.

By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.

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